Arkansans For Education Reform Foundation
Arkansans For Education Reform Foundation faces significant financial deficits despite zero reported officer compensation.
EIN: 201805180 · Little Rock, AR · NTEE: B05 · Updated: 2026-03-28
Is Arkansans For Education Reform Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Arkansans For Education Reform Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Arkansans For Education Reform Foundation
Arkansans For Education Reform Foundation (EIN: 201805180) is a nonprofit organization based in Little Rock, AR, classified under NTEE code B05. The organization reported total revenue of $100K and total assets of $439K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arkansans For Education Reform Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arkansans For Education Reform Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $338K |
| Surplus / Deficit | $-258,379 |
| Total Assets | $662K |
| Total Liabilities | $7K |
| Net Assets | $655K |
| Operating Margin | -323.0% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 23.5 months |
Financial Health Grade: B
In 2023, Arkansans For Education Reform Foundation reported a deficit of $258K with expenses exceeding revenue, holds 23.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Arkansans For Education Reform Foundation's revenue has declined at a compound annual growth rate (CAGR) of -12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -81.6% | +1.9% | -28.1% |
| 2022 | -3.0% | +5.9% | +13.1% |
| 2021 | +5.5% | +0.0% | +18.1% |
| 2020 | -45.9% | -0.2% | +19.3% |
| 2019 | +121.7% | -50.1% | +12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Arkansans For Education Reform Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Arkansans For Education Reform Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $258K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation were paid to officers, directors, or trustees, which is highly favorable for resource allocation to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Arkansans For Education Reform Foundation's IRS 990 filings:
- Significant and recurring financial deficits (e.g., $258,379 in 2023, $237,032 in 2015).
- Volatile revenue stream with a substantial decline from 2012 peak ($2,251,743) to recent years ($80,000 in 2023).
- Expenses frequently exceeding revenue, indicating potential sustainability issues.
Strengths
The following positive indicators were identified for Arkansans For Education Reform Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Maintained a substantial asset base ($662,068 in 2023) despite recent financial challenges.
- Long filing history (10 filings), suggesting established operations.
Frequently Asked Questions about Arkansans For Education Reform Foundation
Is Arkansans For Education Reform Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Arkansans For Education Reform Foundation (EIN: 201805180) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Arkansans For Education Reform Foundation spend its money?
Arkansans For Education Reform Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Arkansans For Education Reform Foundation tax-deductible?
Arkansans For Education Reform Foundation is registered as a tax-exempt nonprofit (EIN: 201805180). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant decline in revenue from $2,251,743 in 2012 to $80,000 in 2023?
The filings show a substantial decrease in reported revenue over the past decade, with a peak in 2012 and a sharp drop in recent years, indicating potential changes in funding sources or operational scale.
How does the organization plan to address the recurring deficits, such as the $258,379 deficit in 2023?
In 2023, expenses ($338,379) significantly outpaced revenue ($80,000), leading to a substantial financial shortfall. This trend of expenses exceeding revenue has been observed in multiple years, including 2015, 2014, and 2013.
What are the specific program activities funded by the organization, given its NTEE code B05 (Education Reform)?
While the NTEE code indicates a focus on education reform, the financial data alone does not detail specific program expenditures. Further information from program service accomplishments would be needed.
What is the organization's strategy for maintaining its asset base given the recent financial performance?
Assets have fluctuated, from a high of $1,280,771 in 2012 to $662,068 in 2023. Sustaining this asset level will be challenging if revenue deficits persist.
Filing History
IRS 990 filing history for Arkansans For Education Reform Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Arkansans For Education Reform Foundation's revenue has declined by 78.4%, moving from $370K to $80K. Total assets increased by 254% over the same period, from $187K to $662K. Total functional expenses rose by 50.9%, from $224K to $338K. In its most recent filing year (2023), Arkansans For Education Reform Foundation reported a deficit of $258K, with expenses exceeding revenue. The organization holds $7K in liabilities against $662K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $655K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $80K | $338K | $662K | $7K | — | View 990 |
| 2022 | $435K | $332K | $920K | $7K | — | View 990 |
| 2021 | $449K | $314K | $814K | $3K | — | View 990 |
| 2020 | $425K | $314K | $689K | $10K | — | View 990 |
| 2019 | $785K | $314K | $577K | $9K | — | View 990 |
| 2015 | $354K | $629K | $515K | $7K | — | View 990 |
| 2014 | $393K | $544K | $802K | $13K | — | View 990 |
| 2013 | $334K | $675K | $949K | $9K | — | View 990 |
| 2012 | $2.3M | $1.1M | $1.3M | $0 | — | View 990 |
| 2011 | $370K | $224K | $187K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $80K, expenses of $338K, and assets of $662K (revenue -81.6% year-over-year).
- 2022: Revenue of $435K, expenses of $332K, and assets of $920K (revenue -3.0% year-over-year).
- 2021: Revenue of $449K, expenses of $314K, and assets of $814K (revenue +5.5% year-over-year).
- 2020: Revenue of $425K, expenses of $314K, and assets of $689K (revenue -45.9% year-over-year).
- 2019: Revenue of $785K, expenses of $314K, and assets of $577K (revenue +121.7% year-over-year).
- 2015: Revenue of $354K, expenses of $629K, and assets of $515K (revenue -9.9% year-over-year).
- 2014: Revenue of $393K, expenses of $544K, and assets of $802K (revenue +17.5% year-over-year).
- 2013: Revenue of $334K, expenses of $675K, and assets of $949K (revenue -85.2% year-over-year).
- 2012: Revenue of $2.3M, expenses of $1.1M, and assets of $1.3M (revenue +508.6% year-over-year).
- 2011: Revenue of $370K, expenses of $224K, and assets of $187K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arkansans For Education Reform Foundation:
Data Sources and Methodology
This transparency report for Arkansans For Education Reform Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.